Jay-Z Makes an Investment in Financial Platform, Robinhood1 min read
Keeping up his mantra as a business, Jay-Z has Arrived at making an investment in financial trading platform Robinhood. Robinhood is a stock brokerage that allows customers to buy and sell U.S. listed stocks and ETFs (Exchange-traded fund) with $0 commission.
The investment is through Roc Nation’s Arrive subsidiary and Jay-Z joins fellow rappers Snoop Dogg and Nas, as one of its backers.
This is Arrive’s third investment as it has backed Devialet, a French audio technology company and InSite Applications, a location-sharing platform that’s launching its services this year.